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Feb 1, 2013
02/13
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how much is it worth to the host city? >> well, it's been estimated at anywhere $400 million to $600 million in terms of revenue that's generated. i think like here in new orleans i think they're over 5,000 media people here, alone. but you'll have more than twice as many people. i mean, if your stadium holds 75,000, you'll probably have 150,000 people in the city during that same period of time. but it's big, and the publicity you generate is just magnificent for the host city. >> is there money to be made for the -- but a lot of money goes to the league, i would think, right? how much of it does actually go to the team? >> andrew, most of it -- virtually all of it goes to the league. the team makes a little bit, not much. that's not tivation. the motivation is what it does for your city and for your fan base. it does help the local team in terms of generating support, sponsors view your brand as being stronger, and it's easier to sell sweets if you've got a super bowl coming up. so, there's some indirect benefits. but, d
how much is it worth to the host city? >> well, it's been estimated at anywhere $400 million to $600 million in terms of revenue that's generated. i think like here in new orleans i think they're over 5,000 media people here, alone. but you'll have more than twice as many people. i mean, if your stadium holds 75,000, you'll probably have 150,000 people in the city during that same period of time. but it's big, and the publicity you generate is just magnificent for the host city. >>...
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Feb 21, 2013
02/13
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. >>> back over here, citi's chairman is not seeking a break-up of the bank. a story in today's wall street journal says michael o'neill was among those encouraging investors not to break up the bank. he is backing abroad cost cutting plans, but exploring a break-up is no longer said to be among his top priorities. >>> and top equity firm sports ing represents tennis players and lots of people including super model giselle bundchen. back in the day owned roger federer. the decision to sell has been driven by the trustee who own tess state of the former ceo and chairman. peemp say it could fetch mother than $2 billion, but there's a huge fight going on among the banks out there to represent this yield and so many of them thought they had the end because they had been with teddy for so long. they were friends with teddy, the trustee who runs this process. only knew teddy for the last two years of his life. so there are banks and bankers who said i've been blanking with him for 20 years. he was my best friend. i promised i would get the deal. but everybody is the
. >>> back over here, citi's chairman is not seeking a break-up of the bank. a story in today's wall street journal says michael o'neill was among those encouraging investors not to break up the bank. he is backing abroad cost cutting plans, but exploring a break-up is no longer said to be among his top priorities. >>> and top equity firm sports ing represents tennis players and lots of people including super model giselle bundchen. back in the day owned roger federer. the...
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Feb 25, 2013
02/13
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we've seen over the past several years that the tech community in new york city has truly grown and our tech sector has arrived. we have over 900 tech companies in new york city that are 75% or more developed in the five boroughs. woo have another thousand that are based here. over 120,000 people are working in the sector. we thought it's important that the world is aware of this. we launched, we are made in new york, which is a website and it's a one-stop shop for all the programs and resources that you need to participate in the new tech eco-system and crucially, find a job. >> talk to us about the boom in the technology sector that you're seeing. what does it mean in terms of economic impact, certainly locally it has to be strong. >> to diversify the economy and one of the advantages to being in new york city, we have media, fashion, finance and real estate. and a lot of these are the systems that are driving the business models of the tech sector and of the next generation of start-ups. so it makes sense the companies are based here. 2012 was a fantastic year for tech in new york ci
we've seen over the past several years that the tech community in new york city has truly grown and our tech sector has arrived. we have over 900 tech companies in new york city that are 75% or more developed in the five boroughs. woo have another thousand that are based here. over 120,000 people are working in the sector. we thought it's important that the world is aware of this. we launched, we are made in new york, which is a website and it's a one-stop shop for all the programs and...
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Feb 28, 2013
02/13
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the center of the u.s., it is cricket city. 37 in kansas city with clouds. 31 in minneapolis. and back out west we go, rain in seattle. and it, look like partly cloudy skies for much of central and southern california. now, what about travel? what can you expect today as you head out to the airways? at a couple of the airports, you could see some delays. minor delays delays expected in new york. the mix of travels. a mix of rain and is snow in spots lot of cleveland. there you go, guys. let's send it back to you in new york. >> reynolds, we were just talking about sorkin on the best dressed list and you may not be on it, but this is the guy that might replace it. loot him. >> thank you so much. >> you know what? i think he knew he was going to be back on squawk today. it's been a while and you said i'm going to be back on "squawk box." >> got the pocket square going. >> representing. >> and the hair is high .tight today, too, right? when was that done, yesterday? >> high and tight. my dad, god rest his soul, was a high and tight man. >> do you miss us on the days on -- >> ever
the center of the u.s., it is cricket city. 37 in kansas city with clouds. 31 in minneapolis. and back out west we go, rain in seattle. and it, look like partly cloudy skies for much of central and southern california. now, what about travel? what can you expect today as you head out to the airways? at a couple of the airports, you could see some delays. minor delays delays expected in new york. the mix of travels. a mix of rain and is snow in spots lot of cleveland. there you go, guys. let's...
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Feb 8, 2013
02/13
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the city is effectively going to shut down. >> thank you so very much. steve. >> just seconds away from the data. in fact it's out now. rick santelli at the cme in chicago. rick the numbers. >> hello cow. 38.5 billion is the trade balance. that's a deficit. but it's under 40 billion. that is really shocking. the last time we were under 40 billion was november of 2010. so this is really a pretty big deal. we're expecting, you know, 8 billion wider deficit, and 46. and last month, had the most subtle revisions, we'll just call it a push. so you know, i'm going to have to ponder this. we know that there's a lot of foreign exchange going on in the world. most of it right now isn't free market driven, it's central bank printing driven. thinking this through, of course, is going to have big possibilities for strategic trades down the road. especially if the offshoot of what's going on potentially between europe, japan, maybe to a lesser extent china, is going to boost the value of the dollar. is that something that's going to help or hurt? how important is thi
the city is effectively going to shut down. >> thank you so very much. steve. >> just seconds away from the data. in fact it's out now. rick santelli at the cme in chicago. rick the numbers. >> hello cow. 38.5 billion is the trade balance. that's a deficit. but it's under 40 billion. that is really shocking. the last time we were under 40 billion was november of 2010. so this is really a pretty big deal. we're expecting, you know, 8 billion wider deficit, and 46. and last...
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Feb 14, 2013
02/13
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plus, the other talking of the morning, why new york city mayor michael bloomberg, he wants to ban styrofoam. no more styrofoam. >> you know what i've seen, the new york city psa is about how you shouldn't drink sugar. there's a guy sitting there drinking 16 packs of sugar a day. >> you say that to a man my age, psa, and it's prostate -- >> the guy is drinking 16 backs of sugar and going, while they're drinking their soda. >> take a look at this. us airways ceo doug parker arriving at the airport in dallas just a few minutes ago. we're expecting an official announcement from amr on the usair merger. that's coming, we think, very, very toon soon. we're going to have that and a lot more when squawk returns. this is america. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. >>> welcome back to squawk this morning. t let's take a look at futures. among th
plus, the other talking of the morning, why new york city mayor michael bloomberg, he wants to ban styrofoam. no more styrofoam. >> you know what i've seen, the new york city psa is about how you shouldn't drink sugar. there's a guy sitting there drinking 16 packs of sugar a day. >> you say that to a man my age, psa, and it's prostate -- >> the guy is drinking 16 backs of sugar and going, while they're drinking their soda. >> take a look at this. us airways ceo doug...
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Feb 8, 2013
02/13
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on the ground the meantime new york city under a blizzard warning at the moment. forecasters saying that we can expect anywhere from 10 to 15 inches of snow, and as the day has progressed we have also seen travel disruptioned increase. we looked at amtrak recently. it has suspended its northbound regional lines and the acela service between boston and new york, and also looking at some of the flight cancellations. according to flightaware.com. the latest number, 4,630 flights have been cancelled from yesterday, today and also for tomorrow as airlines try to get ahead of this storm. and, of course, there's an economic impact as well, but some economists have told me it could end up being a wash. you see people buying more ahead of the storm to stock you. we could see a whiteout shutting retailers down tomorrow, but at the end of the day it should be about equal. back over to you. >> jackie, thanks very much. let's check in on how the storm is affecting new york city itself. the weather channel's paul goodloe is there in times square. paul? >> well, here we've had a
on the ground the meantime new york city under a blizzard warning at the moment. forecasters saying that we can expect anywhere from 10 to 15 inches of snow, and as the day has progressed we have also seen travel disruptioned increase. we looked at amtrak recently. it has suspended its northbound regional lines and the acela service between boston and new york, and also looking at some of the flight cancellations. according to flightaware.com. the latest number, 4,630 flights have been...
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Feb 27, 2013
02/13
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covers the whole range. you ever been in one? >> absolutely. >> is there one in this city? >> one down by union square, i think. >> if there's not, you're missing out. >> i've been up to one -- >> there's a one in harlem. >> i'm looking through the release. while they have comments, they don't have anything about what walmart was talking about, seen a slow start to the year or february because of delayed returns of income tax, don't say anything about the payroll tax cut or tax hike going back to normal levels after two years of cuts and don't say anything about how their consumers are struggling something people were wondering. >> is the target consumer more upscale? >> it's the high low -- >> where were you 30 seconds ago? your mind is mush. i just had a huge conversation about that. >> not huge. it was short. >> it was huge. >> not huge. we were having a discussion on the side there. >> they get the low end -- >> he was telling me he wouldn't be embarrassed to go into target. if you're missing out -- pay attention. >> we're having a conversation over here. >> more than w
covers the whole range. you ever been in one? >> absolutely. >> is there one in this city? >> one down by union square, i think. >> if there's not, you're missing out. >> i've been up to one -- >> there's a one in harlem. >> i'm looking through the release. while they have comments, they don't have anything about what walmart was talking about, seen a slow start to the year or february because of delayed returns of income tax, don't say anything about...
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Feb 13, 2013
02/13
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the only reference to citi, during my time at citi, i was part of the senior management plan to bring organizational change and one of the remarks is a hot button issues we're sure to hear about today, lew's own personal investment in the cayman islands, and something the president criticized in the past and lew had such an investment in such a fund and lawmakers will ask him about it. he doesn't say anything in these prepared remarks and be prepared, lew should be for that issue. >> thank you for that. we are joined by a senator who will be questioning jack lew, charles grassley. also, president obama's state of the union. it's a little different this time around, senator. no one is saying jack lew broke the law or didn't pay his taxes either. the kind of things people might have said on the other side of the aisle from governor romney, the kind of things they should have said then they'll probably being saying now. it's a little bit different situation when it affects jack lew rather than when it was governor romney. >> yes. we're going to try to hold an obama nominee to a standard
the only reference to citi, during my time at citi, i was part of the senior management plan to bring organizational change and one of the remarks is a hot button issues we're sure to hear about today, lew's own personal investment in the cayman islands, and something the president criticized in the past and lew had such an investment in such a fund and lawmakers will ask him about it. he doesn't say anything in these prepared remarks and be prepared, lew should be for that issue. >>...
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Feb 10, 2013
02/13
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the city we know today would not exist without him. everything that rudy giuliani and i have accomplished is built on the foundation that ed laid. it is a foundation that is strong and unshakable as his faith in the genius and beauty of new york and his faith in god. you will be happy to know that i have been to my biblical research. it is only fiction that this torah portion is about moses leading the jews out of egypt trad. ed was our moses, but with a little less hair. [laughter] he did not part of the red sea, but he broke out a strike i shouting words of encouragement. just as moses died before he reached the promised land, ed died hours before the documentary about him opened in theaters. leave it to him to maximize publicity about a film of his life. no one entered the theater of politics more than him. no one was ever better at it. as much fun as it was to watch him as mayor, the real show began when he left public office -- lawyer, professor, elevation the judge, restaurant reviewer, reform organizer, twitter user, even radio
the city we know today would not exist without him. everything that rudy giuliani and i have accomplished is built on the foundation that ed laid. it is a foundation that is strong and unshakable as his faith in the genius and beauty of new york and his faith in god. you will be happy to know that i have been to my biblical research. it is only fiction that this torah portion is about moses leading the jews out of egypt trad. ed was our moses, but with a little less hair. [laughter] he did not...
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Feb 20, 2013
02/13
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some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. >>> time for the power rundown. joining us is suze orman from the suze orman show on cnbc. great for you to spend time with us today. >> thanks, tyler. >> a minute 15, buck and a half, whatever you want. go for it. i know this is an area of interest and concern to you, a trillion dollars worth in outstanding loans at high interest rates for student loans. >> and this is what is sad. kids haven't been educated on what it means to take out student loans. they take more than they can afford to pay back. student loans are not dischargeable in bankruptcy. what is really getting bad is because after the credit crunch you couldn't get a private student loan. let's say you maxed out on federal loans and you needed more money, parent have been co-signing -- >> private. >> private student loans. biggest mistake, bar none. >> why? >> because there is no cap on interest rates. they have go to whatever they want to go. again, not dischargeable in bankruptcy. if students die be th
some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. >>> time for the power rundown. joining us is suze orman from the suze orman show on cnbc. great for you to spend time with us today. >> thanks, tyler. >> a minute 15, buck and a half, whatever you want. go for it. i know this is an area of interest and concern to you, a trillion dollars worth in outstanding loans at high interest rates for student loans. >>...
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Feb 14, 2013
02/13
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the biggest yacht in the world. in new york city. we will show it to you. >> and first, though, what is coming up on the closing bell, bill? >> guys, we are going to follow the latest on carnival's pr nightmare. we have a passenger who is on board right now. we are talking to him on the phone. you won't believe what he has it say about conditions whaen and what he experienced above the triumph. >>> has can coke lost its fizz? is it better to take the pepsi challenge? >>> and james grant is back with us, issuing a dire warning about interest rates. why he says they could go a lot higher and soon. maria and i look forward to seeing you at the top of the hour. in the meantime, "street signs" is back right after this break. ♪ [ engine turns over ] [ male announcer ] we created the luxury crossover and kept turning the page, writing the next chapter for the rx and lexus. this is the pursuit of perfection. >>> welcome back to "street signs." gold closing roughly $10 lower after touching an intraday low of 1636. if it breaks through 1630
the biggest yacht in the world. in new york city. we will show it to you. >> and first, though, what is coming up on the closing bell, bill? >> guys, we are going to follow the latest on carnival's pr nightmare. we have a passenger who is on board right now. we are talking to him on the phone. you won't believe what he has it say about conditions whaen and what he experienced above the triumph. >>> has can coke lost its fizz? is it better to take the pepsi challenge?...
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Feb 20, 2013
02/13
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kind of helped that on our shareholder resolution. >> you're the new york city comptroller. you can pick up the phone and have the direct dial to jamie dimon, i'm sure. have you had that conversation? >> they weren't interesting in entertaining the proposal so we have to go the shareholder route at the annual board meeting. >> jumping in here mandy drury from the mother ship. if i were the shareholder in swr pm, what would a potential split like that mean for me? would it actually benefit me? >> we believe so. we believe that stronger corporate governance is best for the long-term share value, and it could -- it could possibly prevent a kind of loss like what we saw with the london whale. $6 billion is a lot. even at the beginning of it, when it first came to light, the -- jamie in this case characterize it had as a $2 billion loss and originally called it a teachest in a teapot. obviously there are -- there are different objectives that management and investors have. the board represents investors. those interests are not always aligned with management which is why, again,
kind of helped that on our shareholder resolution. >> you're the new york city comptroller. you can pick up the phone and have the direct dial to jamie dimon, i'm sure. have you had that conversation? >> they weren't interesting in entertaining the proposal so we have to go the shareholder route at the annual board meeting. >> jumping in here mandy drury from the mother ship. if i were the shareholder in swr pm, what would a potential split like that mean for me? would it...
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Feb 22, 2013
02/13
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ceo titan. >> titan. >> the city of titan tires who was looking potentially or was asked to look at a factory in france. >> and he said -- >> not only -- >> they talk for three hours and then they take an hour for lunch and an hour for a break and they're highly compensated. and the french said that's the way it works here. >> that's what he said they said. he said when they approached him he knew -- >> i do sort of, loving paris and loving rome it's like, well i live in paris. i don't want -- three hours is a good -- that's a good number for me. and then i think about us. how long is our show? >> three hours. >> that's right. >> we can talk for three hours. >> do you want to work -- if you're in italy do you want to work longer than three hours if you're looking at the bay of salerno outside of naples, do you want to -- >> do you want to hear something from the ceo yesterday? >> i do. >> we have a sound bite? >> we have a sound bite from the ceo of titan. listen in to what he told maria. >> what i said was true. and they admitted it. they laughed about it. okay? and that's where this
ceo titan. >> titan. >> the city of titan tires who was looking potentially or was asked to look at a factory in france. >> and he said -- >> not only -- >> they talk for three hours and then they take an hour for lunch and an hour for a break and they're highly compensated. and the french said that's the way it works here. >> that's what he said they said. he said when they approached him he knew -- >> i do sort of, loving paris and loving rome it's...
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Feb 18, 2013
02/13
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the housing projects in the poor neighborhoods in the city so it was something i had thought about actively since i was a little kid and so when it came into the supreme court i was interested in following that >> host: talking about the personal pieces i like to ask people their personal connection in the story when we get into the meat of it did you have a particularly stance on bus segregation? >> guest: i think they don't think about it and looking back to when i was looking at the reaction from the kids in the 70's when they started busting a lot of the kids would say i like it at this school. they didn't think about it but as i got older i started to think about not only going to schools and being surrounded by poverty that i didn't see in my neighborhood in the suburbs, but you know, at the same time in the schools that i had attended there was tracking so you have the regular program and in the advanced program they are close race on the class lines and so as a kid you absorb that and start to think about it and i remember being in high school one of the only class is i took was mix
the housing projects in the poor neighborhoods in the city so it was something i had thought about actively since i was a little kid and so when it came into the supreme court i was interested in following that >> host: talking about the personal pieces i like to ask people their personal connection in the story when we get into the meat of it did you have a particularly stance on bus segregation? >> guest: i think they don't think about it and looking back to when i was looking at...
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Feb 13, 2013
02/13
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keynote address at the hair bonn investment conference here in new york city. the understatement of thor yao, he said he's a little bit obsessed with herbalife. he did spend most of his keynote on herbalife. he thanked carl icahn and dan lowe for making it a bigger story. and that the attention that it's getting means that regulators will pay more attention to it. he said the biggest risk in getting into the story is that regulators wouldn't focus on the company, but now it looks like they are getting that focus and that publicity was the key to that. he was addressing the question on the hong kong dollar, his major call last year. of course, we'll be monitoring this story. we saw that herbalife shares were trading lower on the back of some of these comments. going to take a break here. coming up next, afterhours action. we are on the earnings call for the latest developments on cisco. leon cooperman signs onto facebook and logs off of apple. we tackle the reasons you may want to friend social media stock, as well. be right back. >>> still to come on "fast," in
keynote address at the hair bonn investment conference here in new york city. the understatement of thor yao, he said he's a little bit obsessed with herbalife. he did spend most of his keynote on herbalife. he thanked carl icahn and dan lowe for making it a bigger story. and that the attention that it's getting means that regulators will pay more attention to it. he said the biggest risk in getting into the story is that regulators wouldn't focus on the company, but now it looks like they are...
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Feb 2, 2013
02/13
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the city has never looked better. and also on a jobs day i do want to note the unemployment rate in the city of new orleans right now is under 5%. so if anything could say they came back stronger, you could definitely say that about new orleans. although i will tell you that there are some pockets that still show the damaging effects of the storm 7 1/2 years later. >> well, okay. but it's still great news. and the low unemployment rate is great news. >> absolutely. >> now, i hate to do it to you, old buddy. but as you know, it's a very big part of the super bowl story. a lot of people are talking about it. has nothing directly to do with the super bowl. that's of course dan marino. he's part of the cbs team covering the game. has a love child. we learned that today. "the new york post" put the story on the front cover. i don't know if we have a picture of that or not. so i want to ask you, look, marino is a great hall of fame player. no question about that. what is this stuff going to mean? does it have any impact on
the city has never looked better. and also on a jobs day i do want to note the unemployment rate in the city of new orleans right now is under 5%. so if anything could say they came back stronger, you could definitely say that about new orleans. although i will tell you that there are some pockets that still show the damaging effects of the storm 7 1/2 years later. >> well, okay. but it's still great news. and the low unemployment rate is great news. >> absolutely. >> now, i...
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Feb 20, 2013
02/13
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the man leading the charge, new york city comptroller john lear. >> how things are doing midday when the minutes of the fed's recent meeting eyeing the punch bowl. that spooked the market. the selling is intensifying when commod dids have been down sharply. dow down 76 the low of the special. down to 13,959. the nasdaq down over a percent, about 35 points at 3178. that was a 12-year high yesterday. and the s&p is back below 1525, a number a lot of traders keeping an eye on. down 14 points at 1516. will we see long-await all-time highs later this week? he asks. where did that come from. today's closing bell exchange, my old friend, kenny, and bob pisani joining us as well. frank, you're a big technical analyst and watched the charts and worried about market going higher as a lot of people. is this the beginning of a sell-off here, do you think? >> bell, actually i think your question is extremely well-timed. if you look at the s&p over the last few months, we've traced out a large rising wedge formation which is a five-wave structure, and that's a bearish distribution pattern. now ove
the man leading the charge, new york city comptroller john lear. >> how things are doing midday when the minutes of the fed's recent meeting eyeing the punch bowl. that spooked the market. the selling is intensifying when commod dids have been down sharply. dow down 76 the low of the special. down to 13,959. the nasdaq down over a percent, about 35 points at 3178. that was a 12-year high yesterday. and the s&p is back below 1525, a number a lot of traders keeping an eye on. down 14...
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Feb 12, 2013
02/13
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for this year, the snake, both of those cities, plus san francisco are the most popular. chinese travelers are going for the shopping. luxury goods and gadgets are for the price. they're going to the bragging rights so they can tell their friends that they've seen hollywood or been to the exotic hollywood. back to you. >> thank you, eunice. >>> this is a chart of the chinese tourism over the last ten years to the united states. it is up 600% since 2013. there are now 1 million visitors to the u.s. the department of commerce expects us to hit 4 million by 2017. one of the big areas of growing is chinese students flying to the united states to see their famous university. these tours are arranged for the thousands of students every year. >> chinese people attach great importance to education and they are very willing to spend money on it. >> it's so cool. if i can be that student of howard university. >> i would like to attend harvard, but i have no idea whether i have the ability to come here because it's a really great school. >> we have to recognize american higher educa
for this year, the snake, both of those cities, plus san francisco are the most popular. chinese travelers are going for the shopping. luxury goods and gadgets are for the price. they're going to the bragging rights so they can tell their friends that they've seen hollywood or been to the exotic hollywood. back to you. >> thank you, eunice. >>> this is a chart of the chinese tourism over the last ten years to the united states. it is up 600% since 2013. there are now 1 million...
SFGTV2: San Francisco Government Television
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Feb 2, 2013
02/13
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the history of elevator technology evolves with the city. first elevators were installed for moving materials in the 1860's. in the 1870's, the first passenger elevator was installed, and that allowed building heights to go up to about seven floors. starting in the 18 eighties, 1890's, the first electric elevators were installed. that allowed for buildings to go up even higher, even more than 10 floors, and those were the first elevators that became representative of what we consider modern elevators today. >> so the height of buildings is related to elevator technology. >> both of these technologies encourage architects to build taller buildings. engineering and materials science provided a higher quality of steel to build with, and having passenger elevators meant it was the necessary anymore to climb a long flight of stairs to get to the top of the building. the elevator made the upper floors of the building more attractive than they were before. >> here we were at the historic st. francis hotel, which was actually a representation of the
the history of elevator technology evolves with the city. first elevators were installed for moving materials in the 1860's. in the 1870's, the first passenger elevator was installed, and that allowed building heights to go up to about seven floors. starting in the 18 eighties, 1890's, the first electric elevators were installed. that allowed for buildings to go up even higher, even more than 10 floors, and those were the first elevators that became representative of what we consider modern...
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Feb 20, 2013
02/13
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in the city, 20 degrees the windchill. boston, 27. the winds howling, temperatures dropping. yes, more snow falling out there, especially around the lakes today. south of buffalo, that's where it will be focused and into northern maine. good news for the skiers. most of this last storm stayed mostly snow. the slopes are still in good shape. totals today mostly north of syracuse toward the tughill plateau, 94 staying breezy and dry. most of the concern over the next couple of days will be the latest winter storm. moving into the west today, snow overspreading the four corners area. colorado into new mexico, arizona, utah, all picking up significant snow. this really cranks into the day tomorrow. we'll have heavy snow across nebraska, kansas, missouri, into iowa. big area of sleet and freezing rain here across southern missouri and northern arkansas. travel is going to be really rough. for some folks with enough freezing rain, we could be talking power outages for several days. especially in northern arkansas. that's something to watch. and then on friday, the snow moves up tow
in the city, 20 degrees the windchill. boston, 27. the winds howling, temperatures dropping. yes, more snow falling out there, especially around the lakes today. south of buffalo, that's where it will be focused and into northern maine. good news for the skiers. most of this last storm stayed mostly snow. the slopes are still in good shape. totals today mostly north of syracuse toward the tughill plateau, 94 staying breezy and dry. most of the concern over the next couple of days will be the...
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Feb 7, 2013
02/13
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CNBC
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as the world outside of the new york city area. that said, what are risks. i'm looking at national weather service. wlart risks that this gets up high, upgraded into the new york city area. is there a chance we get absolutely dumb 7abs dumped on here? >> well, we see six inches. six inches is somewhat doable in new york city. at 12 and above, that's when things bog down. i even heard mayor bloomberg talk about this before. this is happening on a friday. the bulk of it on friday. but it is all about if that storm slows down, that's when we could take this number and push it back up. so that's the timing. again, timing on that is if the storm slows down into the sudden daytime frame and that means the tail end of the storm, rock land, rochester, put numb, that's when it goes up and up. you already have two feet, what's another foot, right? but with sizeable snow versus a damaging crippling snow, in terms of infrastructure, new york city is still on that time line. you will gome snow but the bull aeye that we have nailed down, we are
as the world outside of the new york city area. that said, what are risks. i'm looking at national weather service. wlart risks that this gets up high, upgraded into the new york city area. is there a chance we get absolutely dumb 7abs dumped on here? >> well, we see six inches. six inches is somewhat doable in new york city. at 12 and above, that's when things bog down. i even heard mayor bloomberg talk about this before. this is happening on a friday. the bulk of it on friday. but it is...
SFGTV2: San Francisco Government Television
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Feb 18, 2013
02/13
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SFGTV2
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it got so bad that the city took over, 'cause the city has a responsibility to protect its citizens. boston built the first modern sewer system in the united states. ours was completed between 1877 and 1884. with this wonderful new sewer system, we were taking our filth and moving it out to the ocean. of course, all of this was untreated. in the 1960s, we were still pumping all of our sewage out to moon island, untreated. we would get swimmers here, never knowing, in the middle of summer, why you would have a cold. well, we were swimming in diluted sewage. melosi: the major way to deal with pollution, at least until early into the 20th century, was through the process of dilution. the assumption was that the capacity of rivers and streams, and even the seas, allowed for certain levels of pollution that eventually would purify themself. as we get later into the 20th century, it becomes clear that the volumes of waste made dilution unworkable as a single solution. and so treatment became the ways in which we deal with pollution. narrator: to protect public health, starting in the 1950s
it got so bad that the city took over, 'cause the city has a responsibility to protect its citizens. boston built the first modern sewer system in the united states. ours was completed between 1877 and 1884. with this wonderful new sewer system, we were taking our filth and moving it out to the ocean. of course, all of this was untreated. in the 1960s, we were still pumping all of our sewage out to moon island, untreated. we would get swimmers here, never knowing, in the middle of summer, why...
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Feb 14, 2013
02/13
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CNBC
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eye 58
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for the second year in a row, the new york city department of environmental protection offered unusual valentine's day trip. a select number of lucky couples take on a tour of the city's wastewater treatment plants in brooklyn. highlights of the tour included romantic views of the sludge treatment area and a hike to the top of the plant's digester eggs. >> did that last year. so over that. >> all right. coming up next, the stocks our creators are courting this valentine's day, but first why traders karen and dan are at odds over a major financial firm. he'll deliver the most compelling argument. find out when "fast money" comes back. (announcer) at scottrade, our clients trade and invest exactly how they want. with scottrade's online banking, i get one view of my bank and brokerage accounts with one login... to easily move my money when i need to. plus, when i call my local scottrade office, i can talk to someone who knows how i trade. because i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade. awarded five-stars from smartmoney magazine. [ engine
for the second year in a row, the new york city department of environmental protection offered unusual valentine's day trip. a select number of lucky couples take on a tour of the city's wastewater treatment plants in brooklyn. highlights of the tour included romantic views of the sludge treatment area and a hike to the top of the plant's digester eggs. >> did that last year. so over that. >> all right. coming up next, the stocks our creators are courting this valentine's day, but...
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Feb 7, 2013
02/13
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. >>> live from the nasdaq market site in new york city's times square, ooem melissa lee. bank bull market. can the momentum continue. her take on the changing face of wall street. david versus goliath. karen finerman has the fine prohibit on david iron horn's plan. and somebody's watching you. who is stalking you on the internet? let's get straight to our traders and the top trades of the day. guy, what was your top trade? >> hey, mel! thursday, big storm coming. >> big storm. brewing. >> but there as a storm brewing in the asset managers. raymond james. you have seen this stock? we talked about it for awhile. look at the growth in assets. aum is the name -- rjf is the name. i'm sorry. i don't know where my head went. >> no do-overs. it's live tv. >> b.k.? >> you know, what's not working, i don't think, are the bigger banks. barclays in particular. that's one i would be short. two things out of europe today, the ecb tip tauped into the fx wores and started to get worried about things we were worried abo about, i mean b.k. and brian. ltro loans being paid back and banks pa
. >>> live from the nasdaq market site in new york city's times square, ooem melissa lee. bank bull market. can the momentum continue. her take on the changing face of wall street. david versus goliath. karen finerman has the fine prohibit on david iron horn's plan. and somebody's watching you. who is stalking you on the internet? let's get straight to our traders and the top trades of the day. guy, what was your top trade? >> hey, mel! thursday, big storm coming. >> big...
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Feb 8, 2013
02/13
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CNBC
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mostly to the north of new york city. the latest on the storm path and at which sectors will be impacted the most. >>> first on cnbc, mattel meeting analyst. toy maker ceo will speak with us first on "power lunch" before he spokes with the street -- guess who's here? >> good to see you, ty. >> nice to see you. >> mother nature -- >> here at snowy cnbc headquarters. >> mother nature derailed my commute. but at least we are together in the snowy weather. >> that's right. barbie and ken of -- >> that's right. barbie and ken of "power lunch." first to the markets, we will put the storm aside for a couple of second. with today's gains, major averages wiped out losses for the week. that could of course change but if it does hold the s&p 500, the dow and nasdaq will have racked up gains in each of the first six weeks of 2013. bob pisani is down on the floor of the nyse. he did manage to get to the new york stock exchange exchange today. >> let me be blunt about it, sue, everybody at the new york stock exchange wants to go home.
mostly to the north of new york city. the latest on the storm path and at which sectors will be impacted the most. >>> first on cnbc, mattel meeting analyst. toy maker ceo will speak with us first on "power lunch" before he spokes with the street -- guess who's here? >> good to see you, ty. >> nice to see you. >> mother nature -- >> here at snowy cnbc headquarters. >> mother nature derailed my commute. but at least we are together in the snowy...
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Feb 7, 2013
02/13
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CNBC
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new york city, in is a tricky forecast for you. you're right on the line. we know it's going to snow. the question is, how much is it going to snow. we've got you in the 6 to 12 inch range right now. that would be the biggest storm of the year so far. northern new jersey, some big snow totals and in lesser amounts if you move south and west. don't think you're going to have to go very far to get into the north or east to get into the bigger snow totals. poughkeepsie, eastern long island, things will be significantly worse than we see in the city itself. timing there is late tomorrow and into tomorrow night. you see amounts tapering off as you head farther south and west. the idea here is that a lot of people see a foot of snow. some people say two feet of snow. maybe in a few spots in and around boston we could see three feet of snowfall out of this one. your top five snowstorms, the biggest, presidents' day in 2003. some model res saying we may beat that total in boston. not written in stone, but these are ones that everybody remembers. we stop that, that
new york city, in is a tricky forecast for you. you're right on the line. we know it's going to snow. the question is, how much is it going to snow. we've got you in the 6 to 12 inch range right now. that would be the biggest storm of the year so far. northern new jersey, some big snow totals and in lesser amounts if you move south and west. don't think you're going to have to go very far to get into the north or east to get into the bigger snow totals. poughkeepsie, eastern long island, things...
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Feb 8, 2013
02/13
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WUSA
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the city right on that line. >> new york city plows and salt trucks are armed and ready to clear the city's almost 6,000 miles of roads. the storm will bring higher tides. >> many of the same communities that were in hurricane sandy's title sage, just about 100 days ago are likely to see some moderate coastal flooding this evening. >> many new yorkers are trying to leave work early. and then, they are the tourists. stuck in the storm, looking for a good time. >> doug watkins and his wife flew in, canceled flights kept some family members from joining them, but they have plans. >> we have tickets for a show tonight, so we are hoping we can make it over there and back and maybe walking through snow. >> you think it is going to go on? >> we are hopeful. >> jeffrey and tracy young are here from connecticut, which is expected to get more snow. >> we are down here for a show and we had nonrefundable tickets. >> you are the second person i met that said they are here for a show. what are you hearing? is the show going to go on? >> i hope so. the show always goes on, right? >> even if the th
the city right on that line. >> new york city plows and salt trucks are armed and ready to clear the city's almost 6,000 miles of roads. the storm will bring higher tides. >> many of the same communities that were in hurricane sandy's title sage, just about 100 days ago are likely to see some moderate coastal flooding this evening. >> many new yorkers are trying to leave work early. and then, they are the tourists. stuck in the storm, looking for a good time. >> doug...
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Feb 11, 2013
02/13
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CNBC
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half of the population of china now lives in the city which is a brand-new thing and access to media. >> brian, good luck. >> thanks, guys. >> we love those. anyway -- >> and prefers u.s. iron man a lot. in terms of -- >> thank you, coming up, maybe she's watching. he invested. >> my iron man. >> he could be the future of the hedge fund industry. our next guest has been ranked among the most successself up and commerce. [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all on thinkorswim from td ameritrade. ♪ transit fares! as in the 37 billion transit fares we help collect each year. no? oh, right. you're thinking of the 1.6 million daily customer care interactions xerox handles. or the 900 million health insurance claims we process. so, it's no surprise to you that companies depend on today's xerox for services that simplify how work gets done. which is...pretty much what we've always stood for. with xerox, you
half of the population of china now lives in the city which is a brand-new thing and access to media. >> brian, good luck. >> thanks, guys. >> we love those. anyway -- >> and prefers u.s. iron man a lot. in terms of -- >> thank you, coming up, maybe she's watching. he invested. >> my iron man. >> he could be the future of the hedge fund industry. our next guest has been ranked among the most successself up and commerce. [ indistinct shouting ] [ male...
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Feb 19, 2013
02/13
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CNBC
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dangerous windchills, 15 the below sfee row in the twin citys, 1 is in chicago and 13 in indianapolis. lots of layers for all the kids who are going back to school today. then we catch our next storm, this little pin wheel around the oregon coast. this will dive down around california today and is be a pretty big snowmaker. coast to coast, 6 to 12 inches in the snowfall mountains. plenty of snow here around the wasatch. these amounts in the appalachians, on the order of 1 to 3 inches today 37 back to you guys. >> beck can he can't believe what she just heard about that cold weather. eric, they're melg me, you didn't know it was 25 degrees. >> it's warmed up in minneapolis since earlier today. >> such balmy weather. >> it's like, i've known this, right? >> we're here to educate. >> eric, i rely on the weather channel. tell us something, andrew -- >> he did. he just told me it's 2:22 in nairobi. >> you need singapore time? >> you know what else? the clock when you put them all in, andrew, am i right? if it's nice, the clocks are dark. if it's daytime -- >> you guys are going to complete
dangerous windchills, 15 the below sfee row in the twin citys, 1 is in chicago and 13 in indianapolis. lots of layers for all the kids who are going back to school today. then we catch our next storm, this little pin wheel around the oregon coast. this will dive down around california today and is be a pretty big snowmaker. coast to coast, 6 to 12 inches in the snowfall mountains. plenty of snow here around the wasatch. these amounts in the appalachians, on the order of 1 to 3 inches today 37...
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Feb 6, 2013
02/13
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KTVU
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your task, fly to the city, find the child and deliver the incident. >> to tell us, we have our super resident -- >> zack. >> what's up, homey? start saving people in real life? >> not exactly. you saw the experimental group, where the people flew around. a control group of people who sat in a helicopter and the were delivered to the person. afterwards the people in the experimental group took them into a survey. the person who is telling them about it spilled over, and the people with suppowers were quicker to help the person out and pick up the pencil. >> i love that. >> we have just figured out thousand get world peace. >> through video games. >> you have completed your tank and saved the child's life. >> this next one -- >> you head to a party. inevitably, looks like they dumped a bunch in the center of plate. technology to the rescue, right? >> they're problem, they had all those chips without cheese and wanted to maximize their chip to cheese ratio. >> basically, cut your or tortilla chip put them in a mini muffin pan and make individual, like, nacho cups? >> exactly. and engine
your task, fly to the city, find the child and deliver the incident. >> to tell us, we have our super resident -- >> zack. >> what's up, homey? start saving people in real life? >> not exactly. you saw the experimental group, where the people flew around. a control group of people who sat in a helicopter and the were delivered to the person. afterwards the people in the experimental group took them into a survey. the person who is telling them about it spilled over, and...
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Feb 8, 2013
02/13
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boston area, how fast does it come south and west through connecticut into new york city and the metropolitan area here? >> it's going the other way around. it's going to start -- new york city will be tomorrow morning, connecticut will be about midday, then boston mid afternoon and then again everybody just needs to be off the roads. if we can get everybody off the roads by noon tomorrow through noon on saturday, we're going to save a lot of people a lot of frustration because i'm telling you, when it's start snowing at two to three inches an hour, the plows can't keep up. all it takes is one bus to slide off the road and it's gridlock on the roadways. running out of gas and spending the night in a cold car, it's not fun. i never talked to anyone who said they wanted to do that again, spend the night in a cold car. >> take care of yourself. >> tonight we heard another dire warning from secretary of defense leon panetta about what would happen if the sequester cuts quick in. next and protesters interrupted confirmation hearings five times before cia director john brennan even finished his ope
boston area, how fast does it come south and west through connecticut into new york city and the metropolitan area here? >> it's going the other way around. it's going to start -- new york city will be tomorrow morning, connecticut will be about midday, then boston mid afternoon and then again everybody just needs to be off the roads. if we can get everybody off the roads by noon tomorrow through noon on saturday, we're going to save a lot of people a lot of frustration because i'm...
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Feb 10, 2013
02/13
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CSPAN2
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and by far the healthiest place you could is in the city. manhattanites burned a third of the fossil fuels of people in dallas for example. to use a third electricity. why? their heating and cooling their neighbors, their apartments are touching. even more important than that mostly the less driving they are doing. transportation is the greatest smoke contributor to most civilians greenhouse gas. in our daily lives the biggest choice which may, when i build my house in washington, d.c. i make sure i cleaned the shores -- the shelves on the sustainability store. i got the bamboo flooring. i have a wood burning stove that supposedly a log burning in my wood burning stove contributes less co2 to the environment than if it were left to decompose in the forest naturally. but, of course, i have the energy saver like all. the energy saver labels saved as much electricity, or i should say states as much carbon in the year as moving to a walkable neighborhood saves in we. so the whole green gadget discussion, what can i buy to make myself more sustai
and by far the healthiest place you could is in the city. manhattanites burned a third of the fossil fuels of people in dallas for example. to use a third electricity. why? their heating and cooling their neighbors, their apartments are touching. even more important than that mostly the less driving they are doing. transportation is the greatest smoke contributor to most civilians greenhouse gas. in our daily lives the biggest choice which may, when i build my house in washington, d.c. i make...
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Feb 25, 2013
02/13
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CSPAN2
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the city repeatedly lost $300 million in state and federal ait because the union basically refused to implement a rigorous teacher evaluation the union basically refuse to implement a rigorous teacher evaluation system. everybody has to be evaluated. everybody has to be held accountable, the way of the world but the fact union refuse to do this and very rightfully mike stood his ground to say no because they wanted the model to just be in place for two years that happened that the of the teacher would be removed and then be referred back the mayor said no. what is the point*? where is the public outcry for that? where are the people picketing in the streets to say you cannot deny our kids $300 million because you refuse to be held accountable to have a reasonable evaluation system in place. this is where students first is organizing everyday people like you. you have got to get involved in the process because the legislators in albany, the governor could solve the problems they need to hear from people like you you'll make your decisions with you contribute to the next campaign based
the city repeatedly lost $300 million in state and federal ait because the union basically refused to implement a rigorous teacher evaluation the union basically refuse to implement a rigorous teacher evaluation system. everybody has to be evaluated. everybody has to be held accountable, the way of the world but the fact union refuse to do this and very rightfully mike stood his ground to say no because they wanted the model to just be in place for two years that happened that the of the...
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Feb 5, 2013
02/13
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CNBC
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. >>> live from the nasdaq market site in new york city's times square, i'm melissa lee. magic kingdom. disney's been the happiest place on earth for investors. why mickey mouse is still a good bet. tech troubles. it's the worst sector so far this year. tom picks that benefit from the mobile revolution. and blackberry brawl. can the momentum continue for blackberry? dan and guy duke it out in a smartphone street fight. first, let's get straight to breaking news here. shares of hewlett-packard surging on reports that the board is studying potential breakup scenarios. jon fortt has the latest. fact or fiction here? >> melissa -- fact, but not extremely exciting fact. the business new side courts reporting this. not a lot new i see in this report, saying that the board is exploring a breakup of some divisions, among other scenarios to maximize shareholder value. doesn't seem they've ever stopped analyzing these scenarios. but the spin off of the pc business is something that meg whitman keeps ruling out. earnings call after earnings call. nothing clear anything about that ha
. >>> live from the nasdaq market site in new york city's times square, i'm melissa lee. magic kingdom. disney's been the happiest place on earth for investors. why mickey mouse is still a good bet. tech troubles. it's the worst sector so far this year. tom picks that benefit from the mobile revolution. and blackberry brawl. can the momentum continue for blackberry? dan and guy duke it out in a smartphone street fight. first, let's get straight to breaking news here. shares of...
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Feb 24, 2013
02/13
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CSPAN2
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growth of city, and in the suburbs you have neighborhoods becoming more diverse, and the inner cities you have the why'd middle class moving back, and there's opportunities, but forced busing is not going to be it. >> host: glad you mentioned that, if the sofort of demographic landscape shifted so much that it almost makes no sense to rely on moves of 50s and 60s, and it means something different in 1975, and you used new york city as an example. brooklyn or harlem now, even in the 09s. >> guest: yeah, absolutely. >> host: what i wonder is i'm interested in the parents before we change gears is sort of if the parents take account of those kinds of shifts, the policy shifts, demographic shifts, making demands in louisville k making demands for new approaches to education reform, are they factoring that stuff in or locked into a certain historical moment as well? >> guest: i think, i mean, for parents, whenever you talk to parents, they care about where their kid is going to go to school, and that's all. you know, i hear of people talking about parent involvement in schools, and parents
growth of city, and in the suburbs you have neighborhoods becoming more diverse, and the inner cities you have the why'd middle class moving back, and there's opportunities, but forced busing is not going to be it. >> host: glad you mentioned that, if the sofort of demographic landscape shifted so much that it almost makes no sense to rely on moves of 50s and 60s, and it means something different in 1975, and you used new york city as an example. brooklyn or harlem now, even in the 09s....
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Feb 4, 2013
02/13
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WJLA
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the ravens are taking the lombardi trophy -- back to term city after that 34-31 win over san francisco. the atmosphere in baltimore is still electric. >> fans are flocking to get their hands on souvenirs. >> the baltimore ravens became super bowl champions for a second time about 13 hours ago and fans in raven countries are wasting no time. this is dicks sporting goods in columbia, maryland. they decided to open their doors at 6:00 in the morning and there were people waiting to get in. this is some of the stuff they are selling. it was not an easy victory but it was a big victory in new orleans. these are the popular t-shirts. how'd you get the shirts on the shelves so soon? >> mcvey cent of -- they sent them to was tuesday of zero championship week. >> you guys decided to open your doors extra early today. how does he have been this morning? how you keep the shelves and tables stocked? this place is crazy with fans. >> we actually opened in an open air fashion and we keep the shelves stocked and get more merchandise delivered almost every hour. we had deliveries at 1:00 last night an
the ravens are taking the lombardi trophy -- back to term city after that 34-31 win over san francisco. the atmosphere in baltimore is still electric. >> fans are flocking to get their hands on souvenirs. >> the baltimore ravens became super bowl champions for a second time about 13 hours ago and fans in raven countries are wasting no time. this is dicks sporting goods in columbia, maryland. they decided to open their doors at 6:00 in the morning and there were people waiting to get...
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170
Feb 26, 2013
02/13
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CNBC
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let me give you one example of what citi wrote, for example. shock waves across the market. this is what happens when the worst case comes through. high political uncertainty is negative for investments in italy. so this is quite bad. remember, this is a parliamentary system. so even though someone yesterday got the most votes, they didn't win. that is luigi bersani. berlusconi and grillo got a lot more votes than anyone expected. that's what led to gridlock and so no one is in control. silvio berlusconi, sounding exhausted, called into one of his networks this morning to chat with the news anchors there. first of all, he doesn't think there should be new elections, which is a possibility. when he was asked about interest rates rising in italy, he said, don't worry about interest rates. they are an invention. the markets are a little bit independent and a little bit crazy. and the fact that the spread is widening compared to german interest rates, why do we have to compare ourselves to the germans all the time? we don't have to. he hinted to a coalition with the left. he did
let me give you one example of what citi wrote, for example. shock waves across the market. this is what happens when the worst case comes through. high political uncertainty is negative for investments in italy. so this is quite bad. remember, this is a parliamentary system. so even though someone yesterday got the most votes, they didn't win. that is luigi bersani. berlusconi and grillo got a lot more votes than anyone expected. that's what led to gridlock and so no one is in control. silvio...
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230
Feb 15, 2013
02/13
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CNBC
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bags in question, the tent city in question. people who had a room with an actual window were much happier. we interviewed some of those folks last night. it wasn't as hot or smelly in their room. they were probably on an upper deck, so depending on where you were on the boat, as always. 100 buses were waiting last night to either new orleans or to galveston, which is where the boat originally disembarked from. there's going be about a dozen charter flights today by delta to get everybody home. back to you guys. >> all right, mcc, thank you. we want to hear from you, if not on a cruise ship, where would you rather be stuck? what would a better place to be rather than on a cruise ship? >> how about right here at work? >> right here at work? >> filling in for andrew ross sorkin. >> filling in for andrew ross sorkin. it smells fine in here right now. you showered this morning? i did, too. it's friday. so i did, as well. it's underwear change day, shower day, everything else. >> once a week you shower? >> is that tmi? no, no. when w
bags in question, the tent city in question. people who had a room with an actual window were much happier. we interviewed some of those folks last night. it wasn't as hot or smelly in their room. they were probably on an upper deck, so depending on where you were on the boat, as always. 100 buses were waiting last night to either new orleans or to galveston, which is where the boat originally disembarked from. there's going be about a dozen charter flights today by delta to get everybody home....
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Feb 7, 2013
02/13
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CNBC
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new york city, the burling of your snow falling later in the day friday, into saturday. new york saturday, maybe six to 12, up toity rochester rock in putnam. maybe a foot or more. again, if the storm slows down, late saturday into sunday, looking at perhaps the largest dump of snow across the region. perhaps since october of 2011, it's been a while. but again winter of 2013, name some business with this storm. sue? >> yikes! and i thought that groundhog saw his shadow and we would have an early spring. guess not. thanks, paul. appreciate it very much. we should go to chicago because the weather will be much better there than it is here. hi, ricky. >> hi. i feel bad for you, sue. we've had very little snow in chicago this season and a lot less selling of traesh ris of late. look at the chart of ten-year. you can see we are now well under the 195. many traders calling it a pivot. why, ask you? this should explain. we are hovering at two-week lows and the pattern looks like more buying in treasury. not necessarily selling but equities figure and as do currencies, look at a
new york city, the burling of your snow falling later in the day friday, into saturday. new york saturday, maybe six to 12, up toity rochester rock in putnam. maybe a foot or more. again, if the storm slows down, late saturday into sunday, looking at perhaps the largest dump of snow across the region. perhaps since october of 2011, it's been a while. but again winter of 2013, name some business with this storm. sue? >> yikes! and i thought that groundhog saw his shadow and we would have...
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Feb 26, 2013
02/13
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kayla tausche covering auction across the river in new york city. kayla. >> hey, tyler, well, jamie dimon in the hot seat. remember last week some shareholders called for that role to be split. we haven't heard from him on that point yet. we have heard about management change. lots of turnover, half the executives presenting today were in different roles last year. he begs to differ say too much change saying a lot are jpmorgan vets. the big news on cost cuts. that's why a lot of people looking at the stock down today. the bank is targeting $1 billion in cost cuts. among the ways they are going to get there, 4,000 net head count reductions. we should note they are going to be a lot of head count reductions over the next two years in the consumer banking unit. there could be as many as 19,000 jobs cut with the majority of those in the mortgage banking department as the mortgage environment improves here. that's not to say the consumer bank is shrinking. we heard from chase consumer banking ceo or retail banking ceo and he said they will open 200 bran
kayla tausche covering auction across the river in new york city. kayla. >> hey, tyler, well, jamie dimon in the hot seat. remember last week some shareholders called for that role to be split. we haven't heard from him on that point yet. we have heard about management change. lots of turnover, half the executives presenting today were in different roles last year. he begs to differ say too much change saying a lot are jpmorgan vets. the big news on cost cuts. that's why a lot of people...
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in the city. >> jon: new york city and a lot of major cities have relatively strict handgun laws. >> right. >> jon: why is it that those are not working to stem the tide? is it because any other place that doesn't have the laws are the ones feeding them? >> precisely. 90% of the guns come from other states. the iron pipe lineup 95. southern states for the most part. you can have strict laws here. governor cuomo signed probably the strictest laws in the country. if everybody had that, it's fine. everybody does not have it and as a result guns can be purchased in other jurisdictions. >> jon: can you trace them? say somebody buys a gun in florida, south carolina, wherever it's and coming up 95 to us. it's used in a crime. when you get that gun are you able to trace that back to where they bought it? >> with some difficulty. atf, does that, but they are limited. they do not have and cannot have, as a result of congressional direction, a database that does that so they call the manufacturers. it's a very laborious and takes a lot of time to trace a gun. >> jon: if we could institute just
in the city. >> jon: new york city and a lot of major cities have relatively strict handgun laws. >> right. >> jon: why is it that those are not working to stem the tide? is it because any other place that doesn't have the laws are the ones feeding them? >> precisely. 90% of the guns come from other states. the iron pipe lineup 95. southern states for the most part. you can have strict laws here. governor cuomo signed probably the strictest laws in the country. if...
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Feb 18, 2013
02/13
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city, one of the poorer neighborhoods in the city. so it was something i thought about since i was a little kid. and so when the case went to the supreme court, i was obviously very interested in following it because it was personal. >> host: talk about the personal connection. i always like to ask that before we get into the meat of it. when you were busing to the inner city, did you have a particularly stance on the question of desegregation and school integrace. >> guest: when you're a kid you don't thing about it. when i was reading at the reaction of the kids in the the '7s when they started buzzing -- busing, a lot of the kids were saying, i like this school, and as i got older i started to think about not only going to schooled and being surrounded by poverty i didn't see in my neighborhoods in the suburbs, but then the school is attended, there was tracking so you had the regular program, honors, and then we had advance programs, and those were cut very closely along race and class lines. so as a kid we absorbed that and start
city, one of the poorer neighborhoods in the city. so it was something i thought about since i was a little kid. and so when the case went to the supreme court, i was obviously very interested in following it because it was personal. >> host: talk about the personal connection. i always like to ask that before we get into the meat of it. when you were busing to the inner city, did you have a particularly stance on the question of desegregation and school integrace. >> guest: when...